6406 CEDAR SPRINGS Rd

FOR SALE
$1,099,000
6406 CEDAR SPRINGS Rd, Burlington
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
6406 CEDAR SPRINGS Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
W10403605
MLSID
Contact Us
Property Description
Attention Investors, Builders, Developers, and Renovators! The building plans are underway and the Seller is willing to provide a Vendor Take Back Mortgage (meaning the Seller is willing to provide the Buyer with a Mortgage upon agreeable terms.) Here's A Fantastic Chance To Purchase a Property In The Charming Village Of Kilbride In Rural Burlington. This Presents An Excellent Opportunity For Investors And Developers To Construct Their Dream Home Or Renovate On This Expansive Lot (67x175 Ft), Enveloped By Majestic Trees And Stunning Views. Just Minutes Away From The Bruce Trail And A Short Drive To All The Amenities Burlington Has To Offer. Property is in as-is condition.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-29 2024-02-22 85 $1,099,000 - Expired
2022-02-02 2022-02-09 7 $999,000 $1,040,000 Sold
2021-09-09 2021-09-15 7 $799,900 $810,000 Sold
2021-05-04 2021-09-03 122 $829,000 - Expired
Property Details
Property Type
Detached, Bungalow
Lot Size
68' x 176'
Acreage
< .50
Taxes
$3,775 (2023)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Other
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.01' x 14.01'
DiningMain10.01' x 14.01'
LivingMain10.01' x 14.01'
Prim BdrmMain10.99' x 10.01'
BrMain10.01' x 10.01'
BathroomMain6.00' x 6.00'
Burlington Market Statistics
Burlington Price Trend
6406 CEDAR SPRINGS Rd is a 2-bedroom 1-bathroom home listed for sale at $1,099,000, which is $138,843 (14.5%) higher than the average sold price of $960,157 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Burlington declined by $59,180 (5.8%) compared to the previous 30 day period (September 21 - October 20) and down $293,593 (23.4%) from the same time one year ago.
Inventory Change
There were 16 2-bedroom homes listed in Burlington over the last 30 days (October 21 - November 19), which is down 11.1% compared with the previous 30 day period (September 21 - October 20) and up 220.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Burlington typically sold ($26,489) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,790 decrease compared to the previous 30 day period (September 21 - October 20) and ($42,700) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Burlington over the last 30 days (October 21 - November 19) stood at 118.8%, up from 44.4% over the previous 30 days (September 21 - October 20) and up from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Burlington stood at 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage - Rylpsign
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